Tag: non-banking financial companies

A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India.(Reuters)
Posted in Business

RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley

As Reserve Bank of India (RBI) on Thursday sought action against four Non Banking Financial Companies asking them to cease and desist from making new…

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union budget 2023: Budget 2023: Indian shadow lenders call for rescue route from cumbersome compliance maze
Posted in Finance

union budget 2023: Budget 2023: Indian shadow lenders call for rescue route from cumbersome compliance maze

Non-Banking Financial Companies in India are finding it difficult to adhere to the compliance obligations set by the Reserve Bank of India (RBI). The forthcoming…

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